KRLD Radio

The Business of Health Care Report
The Value of Partnerships - April 2003


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Doug Hawthorne, President and CEO of Texas Health Resources I'm Doug Hawthorne, President and CEO of Texas Health Resources, with "The Business of Health Care Report" on News Radio 1080 KRLD.

Today, it's my pleasure to introduce Dave Ashworth, executive vice president for strategy and system development at THR, who will discuss the value of health care systems coming together to improve community health.

DAVE: Thank you, Doug.

Partnerships are becomingly increasingly common in health care. For the most part, their popularity stems from a need to provide cost-effective health care access to growing communities.

A case in point is the recent announcement that a new hospital will soon be built in Denton. The Presbyterian Hospital of Denton will result from a collaboration between Arlington-based Texas Health Resources and Plano-based Triad Hospitals. The unusual aspect of this partnership is that THR is a nonprofit health care system, while Triad operates for-profit hospitals.

THR's Blueprint for Health Care Delivery targeted Denton as an area with growing health care needs. Triad already had a facility in the community, but was looking for an opportunity to build a new hospital and update the current facility.

This project is a good example of how THR approaches decisions about partnerships. Each project is evaluated on its own merits. Decisions are made on the basis of what is best for the organization and if collaboration helps us achieve our mission of improving the health of the people in the communities we serve.

THR also has formed partnerships with physicians, most recently in Southlake and Plano, because physicians are seeking more ways to be directly involved in the way facilities are run and managed - especially those providing services to their patients.

Because capital resources are limited and must be used in the wisest manner, North Texans should know that THR will continue to evaluate opportunities to develop projects with other partners based on community needs.

For Texas Health Resources and its family of hospitals - Harris Methodist Hospitals, Presbyterian Healthcare System and Arlington Memorial Hospital - I'm CEO Doug Hawthorne with "The Business of Health Care Report" on NewsRadio 1080 KRLD.

Doug Hawthorne

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